In this course, you'll learn about the budgeting process and how to set and monitor the appropriate budgets for your laboratory. We'll also look at techniques for reducing and controlling costs, as well as making sound financial decisions that will ensure your laboratory's success. [Included in the Lab Management Online course]
This module defines the terms associated with budgeting and describes the process of setting a budget.
This module discusses cost control and the ways and strategies that companies use to manage their cost drivers.
This module focuses on how decision-making is supported. Aspects such as enterprise resource planning systems, analysing budget variances and identifying opportunities for improvement in the budgeting process will be discussed.